Avantis U.S. Quality ETF (NASDAQ:AVUQ) Short Interest Update

Avantis U.S. Quality ETF (NASDAQ:AVUQ) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 32,590 shares, an increase of 836.5% from the June 15th total of 3,480 shares. Based on an average daily volume of 27,576 shares, the short-interest ratio is presently 1.2 days. Approximately 0.8% of the company’s stock are short sold.

Avantis U.S. Quality ETF Price Performance

NASDAQ:AVUQ traded up $0.38 during trading hours on Friday, reaching $66.74. The company’s stock had a trading volume of 7,705 shares, compared to its average volume of 16,305. The company has a market cap of $280.31 million, a price-to-earnings ratio of 29.10 and a beta of 1.16. Avantis U.S. Quality ETF has a one year low of $54.56 and a one year high of $67.78. The business’s 50-day moving average is $65.66 and its 200-day moving average is $62.03.

Avantis U.S. Quality ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Tuesday, June 9th were paid a dividend of $0.0652 per share. This is a boost from Avantis U.S. Quality ETF’s previous quarterly dividend of $0.04. The ex-dividend date was Tuesday, June 9th. This represents a $0.26 annualized dividend and a dividend yield of 0.4%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Citadel Advisors LLC acquired a new stake in Avantis U.S. Quality ETF in the 3rd quarter worth approximately $298,000. EnRich Financial Partners LLC acquired a new position in Avantis U.S. Quality ETF during the fourth quarter valued at approximately $397,000. Torren Management LLC acquired a new position in Avantis U.S. Quality ETF during the fourth quarter valued at approximately $11,641,000. Strategic Blueprint LLC bought a new position in shares of Avantis U.S. Quality ETF in the fourth quarter valued at approximately $15,710,000. Finally, Plancorp LLC raised its position in shares of Avantis U.S. Quality ETF by 11.1% in the fourth quarter. Plancorp LLC now owns 3,995 shares of the company’s stock valued at $240,000 after purchasing an additional 400 shares during the period.

About Avantis U.S. Quality ETF

​The Avantis U.S. Quality ETF (AVUQ) seeks long-term capital appreciation by investing primarily in a diverse group of U.S. companies across various market capitalizations, sectors, and industry groups. The fund emphasizes growth companies, aiming to provide investors with exposure to firms that exhibit strong growth potential.